In the afternoon, I was distributing the December rebate, but it has not been distributed yet. During this process, a fan asked about the market, so I made a few pictures for him. I originally thought that I would not post the square, but now I think I will post it.
From the perspective of the Chaos Theory, the daily level decline of the big cake starting from 108000 has not been completed. But its first 4h level decline has probably ended around 91500.
This 4h level decline has a complete three-stroke structure in the 1h level, namely: 108000-92500 // 92500-99900 // 99900-91500. The second decline is not divergent from the first, and because $SOL is relatively strong today, and all mainstream currencies have broken through the downward trend line, then this place is likely to have a 4h level rise, and the time will probably be next Monday.
But we can't expect too much from this. The limit is probably at 0.618, which is 102,000, but it is more likely to be hit near Fibonacci 0.5, which is 100,000, to complete this daily level decline.
This daily level decline will at least reach 87,000, which is the most optimistic situation. In fact, considering the shape of the monthly line and the peak of the US stock market, after completing the hunting of the shorts, it is likely to start with 7 in a sharp drop.
The US stock market performed very well before the market opened today, because the decline from the top is complicated, and there will be many rebounds in the process, but I maintain my previous view that the Nasdaq is near 20,000, and it will still be hit even if it goes up.
In addition to the big cake, focus on sol. Sol has been relatively weak before, and it finally hardened today. However, if you don't do more sol, it is not suitable to enter the market now. I myself am aggressively long near 205 today, and this short long can only get 214, because there is a trend line suppressing sol at the position of 215. This position may not be broken through. Even if it is broken through, we need to observe whether it is a false breakout and retraction. It may be the basis for opening a short position, because SOL will move faster than Bread.
For cottage, focus on ACT. If it can break through and stand firm on this long-short conversion line today and tomorrow, which is around 0.4, there will be a rebound on Sunday and Monday.But it should be noted that after each sharp rise of $ACT , there is a long pullback, so you have to sell as soon as there is a sharp rise.